NSDL Update - News - December 2015
SEBI had introduced the facility of "Basic Services Demat Account" (BSDA) with limited services for eligible individuals with an objective of achieving wider financial inclusion and to encourage holding of demat accounts. Further, the Depository Participants (DPs) were advised to provide an option to all the existing eligible individuals to convert their demat account into BSDA. DPs too are including information in their communication with clients informing them about this option.
Further details about this circular are posted on NSDL website www.nsdl.co.in
In order to reach out to investors that are spread across the country and to apprise them about the facilities available in NSDL depository system and the awareness on stock markets, NSDL conducted 11 Joint Awareness Programmes during November 2015 in association with Adroit Financial Services Private Limited, Geojit BNP Paribas Financial Services Limited, ICICI Securities Limited, SMC Global Securities Limited, Jhaveri Securities Limited & Coimbatore Capital Limited. NSDL also conducted two Joint Awareness Programmes in association with Integrated Enterprises (India) Limited, NSE, Nanayam Vikatan & with Economic Times presenting Money Gurukul. These programmes were attended by more than 1,600 investors.
In order to reach out to masses spread across the country and to apprise them about the facilities available in NSDL depository system, NSDL conducted a Joint Awareness Programme with SEBI & NSE at Gangtok, Sikkim in November 2015 which was attended by around 200 investors.
In November 2015, NSDL conducted a training programme for around 45 students representing from VVM's Shree Damodar College of Commerce & Economics, Goa. Various aspects on Depository related services were addressed to these students attending this programme.
In November 2015, NSDL participated in the 35th India International Trade Fair (IITF) organized by India Trade Promotion Organisation (ITPO) at Delhi. Shri U K Sinha, Chairman SEBI inaugurated the pavilion 'BHARAT KAA SHARE BAZAAR' in the 35th India International Trade Fair (IITF). The main focus of the exhibition was to showcase the well regulated Indian Securities market and its various products and to spread investor education. This event was attended by more than 1,400 participants.
Further, NSDL also sponsored an event titled “Manfest-Varchasva 2015” organised by The Indian Institute of Management Lucknow at Lucknow. Over 600 participants visited the NSDL stall. Various aspects on Depository related services were explained to these participants attending this event.